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La. Rev. Stat. § 12:499.11

Loans

Louisiana · Louisiana Revised Statutes Title 12 — Corporations and Associations · Status: effective

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La. Rev. Stat. § 12:499.11, Loans, Louisiana, version 1 as recorded 2026-10-04, yourstate.us, https://yourstate.us/provision/2693160
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Any institution supervised either by the commissioner of financial institutions or the commissioner of insurance may make loans secured by pledge of a proprietary lease and the appurtenant stock of a cooperative housing corporation upon the same terms and with the same limitations as loans secured by mortgages on real property.